Focus on upcoming Nonfarm Payrolls report, BoE decision, and other economic data releases.

From Investing.com: 2025-01-31 07:06:00

The US dollar is being influenced by tariff news, with the Fed keeping rates unchanged. Attention will now shift to the Nonfarm Payrolls report next week, which could impact inflation concerns and Fed rate cut expectations. Meanwhile, the Bank of England is expected to cut rates by 25bps, focusing on forward guidance amidst inflation concerns. In Canada, the upcoming jobs report will be crucial for the Bank of Canada’s next move, as they weigh the impact of tariffs on inflation. Elsewhere, Eurozone CPI data, New Zealand employment numbers, and Japan’s wage data will also shape central bank expectations.



Read more at Investing.com: Markets Next Week: Nonfarm Payrolls and BoE Decision to Enter the Spotlight